M&A Deal Summary

Newfoundland Capital Acquires Bell Media - Five Radio Stations

On August 26, 2013, Newfoundland Capital acquired media company Bell Media - Five Radio Stations from Bell Media for 112M USD

Acquisition Highlights
  • This is Newfoundland Capital’s 3rd transaction in the Media sector.
  • This is Newfoundland Capital’s largest (disclosed) transaction.
  • This is Newfoundland Capital’s 3rd transaction in Canada.
  • This is Newfoundland Capital’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2013-08-26
Target Bell Media - Five Radio Stations
Sector Media
Buyer(s) Newfoundland Capital
Sellers(s) Bell Media
Deal Type Divestiture
Deal Value 112M USD

Target

Bell Media - Five Radio Stations

British Columbia, Canada
Bell Media - Five Radio Stations comprises CHBM-FM (Boom 97.3) and CFXJ-FM (93.5 Flow) in Toronto, Ontario and CKZZ-FM (Virgin Radio 95.3), CHHR-FM (Shore 104.3 FM), and CISL-AM (AM 650) in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Newfoundland Capital

Dartmouth, Nova Scotia, Canada

website

Category Company
Founded 1949
Sector Media
Employees1,000
Revenue 170M CAD (2017)
DESCRIPTION

Newfoundland Capital Corporation Ltd. owns and operates Newcap Radio which is one of Canada's leading radio broadcasters with 101 broadcast licences (72 radio stations and 29 repeating signals) across Canada. The Company reaches millions of listeners each week through a variety of formats and is a recognized industry leader in radio programming, sales and networking.

DEAL STATS #
Overall 3 of 3
Sector (Media) 3 of 3
Type (Divestiture) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 3 of 3
Year (2013) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-16 Newfoundland Capital - McMurray Radio Station

Fort McMurray, Alberta, Canada

Newfoundland Capital - McMurray Radio Station comprises CHFT-FM, reaches millions of listeners each week through a variety of formats.

Sell -

Seller(S) 1

SELLER

Bell Media

Toronto, Ontario, Canada

website

Category Company
Sector Media
DESCRIPTION

Bell Media, Inc. is a provider of television (TV), radio, out-of-home advertising, and digital media services in Canada.

DEAL STATS #
Overall 1 of 3
Sector (Media) 1 of 3
Type (Divestiture) 1 of 3
State (British Columbia) 1 of 1
Country (Canada) 1 of 3
Year (2013) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-28 Bell Media - Television Channels

Ontario, Canada

Bell Media - Television Channels comprises Family Channel, Disney XD, Disney Junior (English-language), and Disney Junior (French-language).

Sell -
Mergr

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